1945

Haiti’s gross domestic product (GDP) grew at 3.1% per year in 1998, which was above the initial forecast. Nonetheless, wide variations among sectors and ongoing domestic political problems continue to obstruct the execution of government and external cooperation programmes. (The Prime Minister resigned in May 1997, and his replacement was not appointed until January 1999). There were some improvements, however, as inflation was brought down to a single digit (8.2%) by the end of the fiscal year, the central government current account was kept under control, and the exchange rate was stabilized at an average of 16.9 gourdes per dollar.

Related Subject(s): Economic and Social Development
Countries: Haiti
/content/books/9789210582964s003-c011
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